Why should I buy instead of rent?

When you rent, you write a monthly check and it’s gone. When you buy, you’re investing in your future. In addition to the personal satisfaction that owning a home brings, there are other benefits to owning your own home.

• You can deduct the cost of your mortgage loan interest from your federal income taxes. During the first half of your mortgage, nearly all of each monthly payment goes to paying interest. This adds up to hefty savings at the end of each year.
• You can deduct the property taxes, as well as repairs  your insurance does not cover, that you pay as a homeowner.
• Over the years, it’s likely that the value of your home will increase – providing financial security for you and your family.